Sunday, March 24, 2019

New NATO

NATO the North Atlantic Treaty Organization was founded after WW 2 to offset the rise in power by the Soviet Union. The strength of this group has been the threat of United States military intervention and thus the US has invested heavily in military bases around the world an in particular in Europe. The major economic power in Europe is Germany and they recently announced they could not pay the 2% of GDP to NATO as required. At the same time they agreed to a new gas pipeline from Russia which would allow Germany to control 80% of the gas coming into Europe. Germany along with Europe could purchase gas from the US but it would be more expensive. So the battle between money and allegiance to NATO was won by money this round. Maybe it is time to reevaluate NATO.

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